Suburb Profile Report for Leongatha VIC (3953)

Leongatha House: Median price $310,000, Annual capital growth 3.28%, Number of sales 113, Weekly median advertised rent $270

Leongatha Unit: Median price $270,000, Annual capital growth 1.86%, Number of sales 21, Weekly median advertised rent $220

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of 0.00% for the last year, Leongatha, 3953 is the 3021th highest performer in Australia in this respect.

Across a shorter period, Leongatha, 3953 has seen a median price increase of -0.32% over the last quarter.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.53% offered to property buyers. Sellers in Leongatha itself are offering an average vendor discount of -5.34% to real estate investors.

Situated 113.80km from the CBD, Leongatha is one of South Gippsland localities in the postcode 3953.

VIC has seen average median house prices change by 4.79% which means that Leongatha, 3953 has done well for property investors by showing a capital gain of -1.82% over the last year

The five-year average increase in median property values for Leongatha,3953 has given property investors a potential capital gain of 0.00% across each of those five years.

Leongatha3953 is located in VIC which offers an average discount of -4.87% to property investors. Leongatha itself is showing figures that indicate -3.98% is the average achievable by property buyers investing in the suburb.

The VIC suburb of Leongatha, 3953 is in the South Gippsland local government area.

Metrics i HOUSE UNIT
$310,000 $270,000
-0.32% -1.82%
0.00% -1.82%
3.28% 1.86%
$270 $220
113 21
4.53% 4.24%
123.9 160.78

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 5332
Median household income ($/weekly) 947
Median age of persons 40
Median housing loan repayment ($/monthly) 1352
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 693 13.0
    25-34 years 616 11.6
    35-44 years 588 11.0
    45-54 years 677 12.7
    55-64 years 668 12.5
    Others 2090 39.2
    Age Group
    Census Count Percent(%)
    Registered Married 1917 50.9
    Not Married 1463 38.9
    Defacto Relationship 384 10.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4592 90.1
    Japan 42 0.8
    New Zealand 63 1.2
    Papua New Guinea 45 0.9
    United Kingdom 171 3.4
    Others 183 3.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 39 0.8
    Christianity 3273 67.8
    Hinduism 10 0.2
    Other Religious Groups 9 0.2
    No Religion 1483 30.7
    Others 10 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 183 9.7
    $400-$599 264 13.9
    $600-$799 215 11.4
    $800-$999 225 11.9
    $1,500-$1,999 224 11.8
    Others 783 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1572 38.2
    Employed, worked full-time 1440 35.0
    Employed, worked part-time 821 20.0
    Employed, away from work 188 4.6
    Unemployed, looking for work 89 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 310 12.6
    Professionals 378 15.4
    Technicians & trades workers 408 16.6
    Clerical & administrative workers 310 12.6
    Sales 291 11.9
    Others 757 30.8
    Occupation
    Census Count Percent(%)
    Pre-school 92 8.4
    Infants/Primary 441 40.2
    Secondary 333 30.4
    Technical or Further Educational Institution 115 10.5
    University or other Tertiary Institutions 79 7.2
    Others 37 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4535 93.5
    Semi-detached, row or terrace house, townhouse 228 4.7
    Flat, unit or apartment 68 1.4
    Caravan, cabin, houseboat 12 0.2
    House or flat attached to a shop, office 8 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 834 40.8
    Being purchased 660 32.3
    Rented 535 26.2
    Other tenure type 14 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals